Funding you earn now, next payment 23:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.01 per $10,000 · paid last 24h +0.022%
Price spread now: Deribit against gTrade (Gains Network)+0.058%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$286as in the Price arb table
costs, in and out, $10k−$2862.860% of the position
Funding, last 3 days (all we have)+0.102%+$10 on $10k
+Price spread, last 3 days (all we have)+0.144%+$14 · spread now +0.058%, 7d avg +0.059%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ZEC/USD | 1,472.1 | L +0.0007% / S −0.0006% | pay 0.0001% / 1h | 4m 02s | $5.2M | — | 150x |
| Short | Deribit ZEC_USDC-PERPETUAL | 1,473 | 0 | get 0.0000% / 1h | 4m 02s | $599K | $1.3M | 25x |
gTrade (Gains Network) ZEC/USD
Deribit ZEC_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.44
- Price spread: +0.058% → +0.059%
- −$0.09
- Slippage, 4 orders
- −$269.04
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$287.56
- Costs to cover
- 2.860%
- Break-even
- never at this rate
Slippage from gTrade (Gains Network): virtual book (oracle venue), 5 min ago; Deribit: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) virtual book (oracle venue), 5 min ago | 130.04 bp | 135.0 bp −$135 | 426.0 bp −$4,260 | 4809.1 bp −$480.9K | doesn't fit |
| Sell Deribit live order book, 5 min ago | 3.85 bp | 7.3 bp −$7 | 13.2 bp −$132 | doesn't fit | doesn't fit |
ZEC on 51 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3310% | 1h | 1,472 | −0.008% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0403% | 1h | 1,472.3 | +0.014% | $17.9M | $44.9M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0262% | 1h | 1,470.5 | −0.109% | $398K | $517K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0108% | 8h | 1,471.5 | −0.044% | $29.3M | $75.7M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,471.4 | −0.046% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0075% | 8h | 1,471.1 | −0.071% | $272.4M | $665.5M | 75x | as long as short |
| Variational Omni ZEC | −0.0036% | 8h | 1,470.8 | −0.091% | $46.7M | $33.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,472.4 | +0.017% | $415K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,471.7 | −0.025% | $897K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,471.5 | −0.043% | $84K | $404K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUALshort | 0.0000% | 1h | 1,473 | +0.058% | $599K | $1.3M | 25x | |
| gTrade (Gains Network) ZEC/USDlong | L +0.0007% / S −0.0006% | 1h | 1,472.1 | long leg | $5.2M | — | 150x | |
| Orderly PERP_ZEC_USDC | +0.0009% | 8h | 1,471.7 | −0.030% | $294K | $1.4M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0038% / S +0.0009% | 1h | 1,471.9 | −0.011% | $359K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0039% | 8h | 1,471.5 | −0.041% | $178.5M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0045% | 8h | 1,471.8 | −0.019% | $50.2M | $187.6M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,472.1 | −0.001% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,473.5 | +0.096% | $4.6M | $1.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,471.6 | −0.035% | $176K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,472.5 | +0.028% | $10K | $822K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,471.1 | −0.069% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,471.7 | −0.025% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,472.8 | +0.045% | $764.3M | $479.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,472 | −0.006% | $15.6M | $32.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,471.8 | −0.020% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,471.6 | −0.033% | $679.1M | $2.47B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,467.7 | −0.296% | $906K | $27K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,472 | −0.007% | $223.2M | $873.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,472.1 | +0.003% | $103.9M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,471.8 | −0.022% | $162.8M | $304.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,471.7 | −0.029% | — | $102.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,468.6 | −0.236% | $512K | $9.3M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468.9 | −0.217% | $3.0M | $482K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,469.2 | −0.199% | $431K | $826K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,473.2 | +0.073% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,471.5 | −0.041% | $347K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,471.5 | −0.039% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470.2 | −0.128% | $448K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,473.9 | +0.123% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,472.2 | +0.007% | $226K | $4.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,471.9 | −0.014% | $2.5M | $23.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,472.2 | +0.008% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,472 | −0.004% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,472.1 | +0.001% | $37K | $366K | 20x | as long as short |
| Lighter ZEC | +0.0120% | 1h | 1,473.9 | +0.120% | $19.1M | $52.8M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,472.1 | +0.003% | $834K | $1.3M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0207% | 1h | 1,472.6 | +0.035% | $2.4M | $3.7M | 15x | as long as short |
| Lighter RH ZEC | +0.0408% | 1h | 1,474.4 | +0.154% | $2.0M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,474.3 | +0.147% | $3.8M | $11.5M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,472.8 | +0.045% | $717K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0606% | 1h | 1,470.8 | −0.091% | $41K | $34K | 10x | as long as short |
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
01 Exchange ZECUSD
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Lighter ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD